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The information below has been provided by Karama Inc. for December 2019: Units Beginning inventory Produced Sold Ending inventory Selling price per unit O units
The information below has been provided by Karama Inc. for December 2019: Units Beginning inventory Produced Sold Ending inventory Selling price per unit O units 10,000 units 8,800 units 1,200 units $40.00 $6.00 $22.000 58 Marketing & Administrative expenses: Variable cost per unit Fixed (total) Manufacturing costs: Direct materials cost per unit Direct labor cost per unit 57 $5 $55,000 Variable manufacturing overhead cost per unit Fixed manufacturing overhead (total) (4 marks) sing method Required: a. Calculate the unit product cost using the variable costing method. (4 marks) b. Prepare an income statement using the variable costing method. (12 marks) You should copy (Ctrl-c) and paste (Ctrl-v) the table given below into the answer space. You can then fill in the table with the required information from your work
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